Bitcoin Futures (BTC) — Contract Specs
CME · Cryptocurrency
Cash settled against CME's own benchmark rate rather than any single exchange's price.
Contract specifications
| Exchange symbol | BTC |
|---|---|
| Exchange | CME |
| Contract size | 5 bitcoin |
| Minimum tick | $5.00 per bitcoin |
| Value per tick | $25.00 |
| Contract months | Monthly, plus quarterly Mar/Jun/Sep/Dec |
| Settlement | Cash settled to the CME CF Bitcoin Reference Rate |
| Trading hours | 24/7 on CME Globex (since 29 May 2026) |
Where these figures come from
Compiled from the exchanges' published contract specifications (CME, CBOT, NYMEX, COMEX). Last reviewed .
Every contract is checked for internal consistency: the tick value must equal the contract size multiplied by the tick. All 41 agree, including the interest-rate contracts quoted in fractions of a thirty-second of a point.
These figures are NOT independently verified against the exchange. We do not fetch cmegroup.com - it refuses our requests and its terms do not permit it - so an exchange that changes a contract specification will not be reflected here until someone reviews it by hand. Check with the exchange or your broker before trading on them.
What one tick is worth
The minimum price increment is $5.00 per bitcoin. Because the contract covers 5 bitcoin, each tick is worth $25.00 per contract.
This contract is cash settled, so there is no delivery obligation and no first notice day. Positions settle in cash against the reference price.
Other contracts on this market
| Contract | Size | Per tick |
|---|---|---|
| Micro Bitcoin MBT · CME | 0.1 bitcoin | $0.50 |
| Ether ETH · CME | 50 ether | $25.00 |